At Mid-Atlantic Packaging, we understand how important it is to keep your business's operating costs as low as possible.
Whether you've had a tough quarter, are saving to invest in a new facet of your business, or if you've recently opened up another location, we know you're always on the look out to get the most out of the money you put into your business.
If you're a loyal follower of our blog, you're probably already aware of just how much of a positive impact customized retail packaging can have on your business.
In fact, according to a recent study by Westrock regarding the state of today's packaging industry, 41% of consumers say that packaging directly influences their satisfaction with a product. So, while many people will tell you that in order to set yourself apart from the competition, it's best to think outside the box, we here at Mid-Atlantic Packaging insist that you focus on what's on that box as well.
With all this information about how important packaging is, you likely want to invest in higher-quality, creative customized shopping bags and boxes – but you may also have questions about how it’s financially possible.
No matter what phase of business you're in, we've worked hard to create ways for you to save money while still getting top-notch packaging. How? Keep reading to find out.
Tiered Pricing: What It Is and How It Can Help You
To make sure you’re getting the best deal possible, we offer tiered pricing (also referred to as "volume pricing") in order to help you. Essentially, tiered/volume pricing means that the more you order, the more you save. When you buy a larger amount of a product, we’re able to offer your business price breaks and discounts. This is especially appealing to businesses that would prefer to place larger orders only a few times a year, as opposed to making several smaller, incremental orders over the months.
Tiered pricing can help you save up to 10% on your order.
This 10% savings is based on both the type of product you are ordering, as well as, of course, on your order quantity. For example, let's say you order some of our kraft paper shopping bags. If you decide to buy 1 - 3 cases, the price is set. However, if you order 4 - 7 cases, we automatically extend a discount of 5% off. Bump that order up to 8 cases or more, and you're looking at a 10% savings off the original price!
Even better? You can combine sizes and colors as long as you’re ordering the same product type! What's not to love about that?
The Landed Cost of Your Order
Keep in mind that this 10% savings comes as a reduction of your landed cost.
What’s landed cost?
Essentially, landed cost is how much you pay over the course of the entire ordering process, from start to finish. Your landed cost is made up of the cost of the goods themselves, the shipping process, delivery charges, and any other small fees.
A lot of our readers may be thinking about how to pay for their packaging, and might not know about the benefits of tiered pricing. We're here to help educate you. Tiered pricing is available every day to our customers – it's not just a seasonal or limited time offer.
No matter what type of custom retail packaging you're ready to invest in to help set your business apart from the competition, we want to help make it financially possible. We know you're going to see a positive impact not just in your profits, but also on your customers’ faces!